Mark Zuckerberg: Facebook tops 1 billion users

Facebook has topped 1 billion monthy users, according to CEO Mark Zuckerberg. But Facebook's rocky IPO and questions about its profitability haven't made an easy few months for the social networking site, Mark Zuckerberg said.

By
The Associated Press /
October 4, 2012

Facebook CEO Mark Zuckerberg addresses students of Moscow's State University in Moscow, Russia, Tuesday, Oct. 2, 2012. 1 billion monthly users are now on Facebook – a bit of good news for the troubled company.

The company has had a difficult time lately. There were trading glitches the day it went public in May and concerns since then about its revenue potential. It's also facing lawsuits from disgruntled shareholders.

Zuckerberg said in a "Today" show interview Thursday that "we're in a tough cycle now and that doesn't help morale, but people are focused on what they're building."